AXT, Inc. Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, AXT, Inc. stock has a consensus rating of "Buy" and an average price target of $87.75. The average 1-year stock price forecast is 1.45% lower than the current stock price, while the lowest is $73 (-18.01%) and the highest is $95 (+6.69%).

Price Target: $87.75 (-1.45%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$73	$87.75	$91.5	$95
Change	-18.01%	-1.45%	+2.76%	+6.69%

* Price targets were last updated on May 1, 2026.

Analyst Ratings

The average analyst rating for AXT, Inc. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	4	3	3	3	3	3
Buy	1	0	0	0	0	0
Hold	0	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Dave Kang B. Riley Securities	B. Riley Securities	Hold Reiterates $72 → $73	Hold	Reiterates	$72 → $73	-18.01%	May 1, 2026
Tim Savageaux Northland Securities	Northland Securities	Buy Reiterates $90	Buy	Reiterates	$90	+1.08%	May 1, 2026
Richard Shannon Craig-Hallum	Craig-Hallum	Buy Maintains $29 → $95	Buy	Maintains	$29 → $95	+6.69%	May 1, 2026
Charles Shi Needham	Needham	Hold Maintains $79	Hold	Maintains	$79	-11.28%	May 1, 2026
Matt Bryson Wedbush	Wedbush	Buy Reiterates $93	Buy	Reiterates	$93	+4.45%	Apr 29, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

143.08M

from 88.33M

61.99%

from 88.33M

Revenue Next Year

219.35M

from 143.08M

53.31%

from 143.08M

EPS This Year

0.30

from -0.41

EPS Next Year

0.75

from 0.30

147.37%

from 0.30

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	137.39M	141.12M	75.80M	99.36M	88.33M	143.08M
Revenue Growth	44.08%	2.71%	-46.29%	31.09%	-11.11%	61.99%
Gross Profit	47.41M	52.12M	13.32M	23.84M	11.24M	47.50M
Gross Margin	34.51%	36.93%	17.57%	23.99%	12.73%	33.20%
Operating Income	12.90M	12.55M	-21.57M	-14.80M	-21.98M	5.36M
Net Income	14.58M	15.81M	-17.88M	-11.62M	-21.26M	14.63M
EPS	-	-	-	-	-0.41	0.30
Forward PE	22.03	16.85	-	-	-	292.89
Free Cash Flow	-31.45M	-35.87M	-3.74M	-10.26M	1.82M	-41.55M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	147.3M
Avg	143.1M
Low	135.8M

Revenue Growth

Revenue Growth	2026	2027	2028
High	66.8%
Avg	62.0%
Low	53.7%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.30
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-